Medicare Levy Thresholds 2008/09

The Federal Government has introduced a Bill into Parliament seeking to increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and pensioners below age pension age for the 2008/09 income year.

The proposed threshold for singles is $17,794 and $25,299 for pensioners under age pension age.

The proposed threshold for families with no dependants is $30,025. The additional amount to the threshold for each dependant child or student will be $2,757.

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